Morning Shot
18th January 18
After a USD capitulation late yesterday evening we have recovered. The DXY broke 90 at one stage and GBPUSD hit 1.39! In equity markets, US indices performed well again and in the Asia Pac area the N...
Read More18th January 18
After a USD capitulation late yesterday evening we have recovered. The DXY broke 90 at one stage and GBPUSD hit 1.39! In equity markets, US indices performed well again and in the Asia Pac area the N...
Read More17th January 18
As US stocks hit record highs but then closed lower with the Nasdaq worst off down half a percent. In the Asia Pac area equities followed suit as the Nikkei and ASX both closed down an roughly 0.50% ...
Read More16th January 18
The company has captured general, as well as financial, news headlines as weekend talks with lenders and HM Government failed to reach a rescue deal. Employing some 20,000 people, but indirectly supp...
Read More16th January 18
The US markets were closed yesterday for a public holiday, but in the Asia Pac area the Nikkei had a good session up nearly 1%. The Shanghai Comp. was not far behind at 0.79%, although lagging behind...
Read More15th January 18
In the Asia Pac session the Nikkei closed higher by 0.26% and the ASX by 0.12%, while the Shanghai Comp. closed lower by half a percent. Overall commodities had a good start to the week with...
Read More12th January 18
A week of macro news and politics, but where to begin? China announced that it may reduce or even exit purchases of US treasuries this week and this could have massive implications going forward. Sub...
Read More12th January 18
Back to usual business in the States with record highs in the US indices, the Nikkei failed to follow the lead as JPY strength hampered the exporters. The commodities focused ASX traded flat and the ...
Read More11th January 18
Not a few of our readers might be a little surprised by the market’s negative response to wholly in-line numbers from Barratt Developments this morning, which follows on from similar year-end...
Read More11th January 18
For the first time in a while US markets closed lower yesterday as China dropped the bombshell it may not continue buying US debt. The Nikkei (-0.39%) and the ASX (-0.48%) followed suit but the Shang...
Read More10th January 18
Mixed session in the Asia Pac area as all 3 US bourses close positive. JPY strength for a second day hampers the Nikkei which trades lower by 0.22% and Hong Kong’s Hang Seng Index added 0....
Read More9th January 18
US bourses closed mixed yesterday with the Dow closing lower by 0.05% and the Nasdaq (0.29%) and the S&P (0.17%) closing higher. No such problems in the Asia Pac area as the ASX (0.09%), Nik...
Read More8th January 18
Indices in the Asia Pac region started the week on the front foot as the Shanghai Comp. trades higher by 0.54% and the ASX 0.13%. Japanese Equities were closed due to a public holiday. Commod...
Read More5th January 18
This is the month, January 2018, when the EU wanted to begin abolishing share certificates. Thanks to George Osborne and his Treasury team, it was put back to January 2023, but is now mandatory...
Read More5th January 18
A quiet trading week at the start of 2018 but indices hit all time highs as Trump aggressive Tax cuts hit the markets. The Dow Jones Industrial Average hit 2500 and the FTSE 100 rose 2.88% from its w...
Read More5th January 18
In the US the Dow broke 25k as equities once again reached record highs. In the Asia Pac region the major bourses followed suit with the Nikkei up 0.91%, the ASX 0.74% and the Shanghai Comp. 0.20%.&n...
Read More4th January 18
Well, 2017 came – surprised, delighted, disappointed, brought joy, delivered sadness – and went very quickly. Leaving aside personal experience, most financial commentators would agree th...
Read More4th January 18
Positive closes once again in the US bourses led the Nikkei (2.95%) and ASX (0.11%) to trade higher in the Asia Pac area. Precious metals underperformed overnight with silver, plat...
Read More3rd January 18
US markets hit another record high yesterday and in the Asia Pac region volumes were thin but the ASX closed higher by 0.15% and the Nikkei lower by 0.08%. Base metals didn't have the best of...
Read More2nd January 18
As expected things were quiet in the Asia Pac region with the ASX and the Nikkei down marginally. Caixin Manufacturing PMI was the main data point 51.5, beating estimates of 50.6. Commod...
Read More29th December 17
During the holiday period so far equity markets have remained positive, the S&P 500 has been bullish for the last two days and looks like it will test the highs. In the Asia Pac area the Nikkei w...
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